Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

Pin to quick picksDirecta Plus Share News (DCTA)

Share Price Information for Directa Plus (DCTA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 18.70
Bid: 18.40
Ask: 19.00
Change: 0.00 (0.00%)
Spread: 0.60 (3.261%)
Open: 18.70
High: 18.70
Low: 18.70
Prev. Close: 18.70
DCTA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Abingdon Health partners with Morrama on lateral flow offering

Thu, 07th Sep 2023 12:31

(Alliance News) - Abingdon Health PLC on Thursday said that it has partnered with Morrama Ltd to accelerate the development of plastic free lateral flow housings.

Abingdon is a York, England-based company, which specialises in developing and manufacturing rapid lateral flow tests, while Morrama is a UK-based certified B-Corp design agency.

Together, the firms will invest in Eco-Flo Innovations Ltd, a new company focused on developing sustainable product design solutions for the lateral flow market.

As part of the agreement Morrama will assign the intellectual property of its eco-flo material to Eco-Flo Innovations. Eco-flo is a plastic-free, compostable cassette.

Together, the companies plan to make their first cassette available within the next twelve months. The brand-new plastic-free cassette will be manufactured in the UK, using renewable plant fibre moulding technology that reduces carbon dioxide emissions by 80% compared to the equivalent single-use plastic.

The Eco-Flo Innovations team are already exploring ways to remove or switch out the remaining plastic content in tests as well as other aspects of lateral flow product design such as product packaging.

"We are delighted to be partnering with Morrama to support the development of innovative, environmentally friendlier components and packing solutions for the lateral flow industry. Alongside Jo and the team at Morrama, we are keen to lead this change and provide our customers with viable sustainable alternatives to the traditional materials currently used," said Abingdon Chief Executive Officer Chris Yates.

Abingdon Health shares were trading 1.0% lower at 11.14 pence each in London on Thursday at noon.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
12 Apr 2024 14:46

Directa Plus asphalt technology laid at Imola Circuit

(Sharecast News) - Graphene nanoplatelet specialist Directa Plus announced on Friday that 'GiPave', an asphalt solution incorporating graphene and recycled plastics, was being installed at the Imola Circuit ahead of the Emilia-Romagna Grand Prix in May.

Read more
12 Apr 2024 11:13

Directa Plus sustainable tarmac fitted for Emilia-Romagna Grand Prix

(Alliance News) - Directa Plus PLC said on Friday that the company's sustainable tarmac will be installed at the Imola Circuit in Italy ahead of the Emilia-Romagna Grand Prix in May, making it the first-ever environmentally-friendly tarmacked circuit.

Read more
25 Mar 2024 14:44

IN BRIEF: Directa Plus gets EUR1 million loan for Setcar acquisition

Directa Plus PLC - London-based graphene product manufacturer - Enters EUR1.0 million loan agreement with Nant Capital LLC. The funding will be used to complete the final payment for the acquisition of Setcar SA. In February, Director Plus agreed to buy further 49% stake in Setcar, the group's environmental services subsidiary, for EUR1.5 million. This took Directa Plus's holding to just under 100%.

Read more
22 Mar 2024 11:14

Directa Plus collaborates with Heathcoat to boost technical textiles

(Alliance News) - Directa Plus PLC on Friday announced a new collaboration "to drive groundbreaking advancements in technical textiles."

Read more
26 Feb 2024 20:17

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
26 Feb 2024 12:28

Directa Plus buys further 49pc stake in Setcar

(Sharecast News) - Directa Plus announced the acquisition of an additional 48.96% stake in Setcar on Monday, taking its shareholding from 50.99% to 99.95%.

Read more
12 Feb 2024 10:09

IN BRIEF: Directa Plus shares rise on "strong progress" last year

Directa Plus PLC - London-based graphene product manufacturer - Says it "made strong progress" in 2023, and expects to report revenue of about EUR11 million and a minimum 20% reduction in its adjusted loss before interest, tax, depreciation and amortisation, "slightly ahead" of market consensus. Follows revenue of EUR10.9 million in 2022 alongside an EUR3.2 million adjusted Ebitda loss. Company says consensus predicts EUR12 million in revenue and a EUR2.5 million Ebitda loss for 2023. Last year's "strong progress" includes "securing new contracts across key geographies and in all verticals" such as a EUR5.5 million three-year deal with Liberty Galati.

Read more
12 Feb 2024 09:39

Directa Plus narrows FY underlying losses

(Sharecast News) - Graphene nanoplatelets producer Directa Plus said on Monday that it had made "strong progress" in 2023, with new contracts across key geographies leading to a marked reduction in underlying losses.

Read more
12 Feb 2024 08:48

LONDON MARKET OPEN: FTSE 100 "hugging the flatline" in slow start

(Alliance News) - London's FTSE 100 opened in a muted fashion on Monday, failing to replicate the more convincing gains seen on Wall Street on Friday and elsewhere in Europe at the start of the new week, ahead of a busy few days of corporate earnings and economic data.

Read more
31 Jan 2024 12:30

EARNINGS AND TRADING: Symphony Environmental plummets on EU judgement

(Alliance News) - The following is a round-up of earnings and trading updates for London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
20 Dec 2023 12:02

Directa Plus inks deal for tech to be used for graphene compounds

(Alliance News) - Directa Plus PLC on Wednesday said that it has signed a deal with an unnamed Italian innovator to buy the technology for a system capable of preparing tailored graphene compounds.

Read more
20 Dec 2023 10:01

Directa Plus strikes 'landmark agreement' with Italian innovator

(Sharecast News) - Graphene nanoplatelets producer Directa Plus has struck a "landmark agreement" to acquire "groundbreaking technology" for G+ graphene compounds.

Read more
15 Dec 2023 21:09

EARNINGS AND TRADING: Redx full year revenue tumbles; loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
27 Sep 2023 12:03

EARNINGS: Shepherd Neame says "turmoil" easing; Everyman upbeat

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Tuesday and not separately reported by Alliance News:

Read more
18 Sep 2023 12:18

Directa Plus shares jump on strategic collaboration with Spectrum

(Alliance News) - Directa Plus PLC shares jumped on Monday, after it said it has signed a strategic collaboration with Spectrum Group.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.